IAHL Corporation (IAHL)

[Gators12]

Investment in the first stage – including the regasification terminal and power plant – is expected to reach US$350mn.

The project also includes a gas pipeline component that would serve industrial and thermoelectric offtakers in Cali and its surrounding metropolitan area, as well as other consumer markets in southwestern Colombia.

"In the first phase, gas will be supplied via virtual pipeline, or truck, while the pipeline becomes operational," Tenorio said. "There are several alternatives, including the option of building a new pipeline or utilizing an existing polyduct belonging to [state oil company Ecopetrol’s midstream unit] Cenit."